A new €2m film fund is to encourage film, TV and game industry in Donegal and the West of Ireland.

The Western Region Audiovisual Producer’s Fund — or WRAP Fund — is an initiative of the Galway Film Centre and the Western Development Commission (WDC).

The WDC is a statutory body that has promoted social and economic development in the Western Region since it was established in 1998 to cover counties Clare, Donegal, Galway, Leitrim, Mayo, Roscommon and Sligo.

The €2m fund will run over a three-year period and it is estimated that 90 jobs will be created

It will run in association with local authorities in counties like Donegal.

The €2m WRAP Fund will be launched at the FÍS TV Summit in Galway today (Thursday) by Minister of State for Rural Affairs and Natural Resources, Seán Kyne.

The photo shows Geraldine McLoughlin of Investment Executive Western Development Commission and Celine Curtin, who is chairperson of Galway Film Centre announcing the launch.

Father Ted writer Graham Linehan is special guest at the FÍS Summit and one of the highlights is an interview with the writer who is also behind hit television shows The IT Crowd and Black Books.

The Summit will also include a panel with the Director Generals of the main broadcasters in Ireland and another with funders from the world of video on demand (VOD).

The objective of the new WRAP Fund is to facilitate the development of, and investment in, film, television, gaming and animation projects in the Western Region.

It is hoped that it will increase the number of screen content production projects undertaken in the region, creating direct employment of 90 jobs.

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